BOSNIA AND HERZEGOVINA PRIVATIZATION

BOSNIA AND HERZEGOVINA
PRIVATIZATION
Sofia, 27 September 2007
Who is dealing with privatization process in B&H?
•
Privatization is very important process for economic develpopment of
BiH which gives the possibility to all local and foreign physical and
legal entities to participate in the purchase of the state capital.
•
B&H is one of the countries with dominant state capital (1999 the
private sector share was only 35%.).
•
Federal Privatisation Agency and 10 Cantonal Privatization Agencies
are implementing procedure of privatisation in Federation BiH .
•
Bank for Investment and Development of RS as well as the
Government of RS are responsible for sales of state capital in
Republica of Srpska .
Privatisation methods
The methods of privatization are :
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Public offering of Shares - Small privatization scale
Sales of State Capital in tender procedure-Large
privatization scale
Share Sales through Stock exchange
Direct negotiation
Additional Capital Investment
Joint Venture
Combination of the above mentioned methods
www.fipa.gov.ba
Privatisation and Foreign Direct Investment
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FDI Inflow, In the first six months of 2007, was 1,2 billion €
Projection for 2007 is 2 billion € (expected privatisation of 2
rafineries Bosanski Brod and Modriča, Aluminium factory in
Mostar, Energoinvest,Sarajevo and investment in Thermo
power plant in Gacko)
More than 3.5 bilion € (60% of total FDI) have been made
trough privatization process
Plan for 2007: privatisation of 28 companies (tenders
procedure)
Expected privatisation of state monopolies: Telecommes,
energy utilities – electricity, refineries etc
www.fipa.gov.ba
List of the Companies for sale in Large-scale privatization
in cooperation with International Advisory Group for Privatization (IAGP)
No
Company
Sector
Total capital
(TC)
State
capital
(SC)
Amount
% od
TC
IAGP
1.
ENERGOINVEST , SARAJEVO
Metal industry
23.165.022
15.520.564
67,00
USAID
2.
AIDA, TUZLA
Shoes
11.525.537
11.388.852
98,81
GTZ
3.
FABRIKA SODE, LUKAVAC
Soda Factory
36.721.234
35.074.860
95,52
GTZ
4.
FABRIKA DUHANA MOSTAR,
Tobacco factory
19.038.250
12.755.628
67,00
GTZ
5.
FABRIKA DUHANA SARAJEVO,
Tobacco factory
97.187.630
44.626.262
45,92
GTZ
6.
HEPOK, MOSTAR
Food processing
18.796.074
12.593.370
67,00
GTZ
7.
UNIS
Metal industry
52.042.505
34.868.478
67,00
GTZ
8.
HIDROGRADNJA, SARAJEVO
Construction
70.756.714
47.406.998
67,00
EC
9.
AIR BOSNA, SARAJEVO
BH Airlines
6.132.914
3.297.706
53,77
Holland Government
10.
KRIVAJA, ZAVIDOVIĆI
Wood industry
226.959.400
226.959.400
100,00
WB
11.
HTP ZENIT BRO NEUM
Hotel
WB
12.
ALUMINIJ dd, MOSTAR
Aluminum
production
WB
13.
KTK VISOKO VISOKO,
Leather industry
103.924.279
69.629.267
67,00
WB
14.
AGROKOMERC,VELIKA KLADUŠA
Food processing
industry
368.648.134
246.994.250
67,0
0
WB
15.
HRVATSKI TELEKOM, MOSTAR
Telecomunications
175.233.557
98.975.464
56,48
, SARAJEVO
WB
www.fipa.gov.ba
Tender Plan for 2007
The Governments of Federation BiH and Government of
Republika Srpska announced Public Tender for share
sales of the following Companies:
•„Energoinvest“ d d Sarajevo (*)
•„Hidrogradnja“ d d Sarajevo (*)
•„Aluminij“ d.d. Mostar (*)
•„UNIS - udružena metalna industrija“ d.d.Sarajevo (*)
•„Fabrika duhana Mostar“ d.d. Mostar (*)
•„Soda-so holding“ d.d. Tuzla
•„Tvornica kartona i ambalaže“d.o.o. Cazin (**)
•„Šipad export-import“ d.d. Sarajevo
www.fipa.gov.ba
•‘’Poljoprivredni zavod’’ Doboj
•‘’Famos Fabrika motora’’ Istočno Sarajevo
•‘’Zrak ‘’AD Teslić
•‘’Trudbenik’’ AD Doboj
•‘’RK Boska’’ Banja Luka
•‘’Glas Srpske Grafika’’ Banja Luka
•‘’Glas Srpske trgovina’’ Banja Luka
•‘’Unis Pretis’’ AD Mokro
•‘’Orao’’ Bijeljina
•‘’Fabrika specijalnih transmisija’’ Istočno
Sarajevo
• ‘’Fabrika motora za specijalnu namjenu’’
Istočno Sarajevo
•‘’Tehnički remontni zavod’’ Bratunac
• ‘’Incel Holding’’ Banja Luka
www.fipa.gov.ba
PLAN OF THE SHARE SALES THROUGH STOCK
EXCHANGE
Agency for privatization of Federation of B&H has planned in 2007
to sale through the Stock exchange the shares of the following
companies:
•“Interšped”d.d. Sarajevo (*)
•“Sarajevo-osiguranje” d.d. Sarajevo (*)
•“Fabrika duhana Sarajevo” d.d. Sarajevo (*)
•“Bosnalijek” d.d. Sarajevo
www.fipa.gov.ba
PLAN OF THE SALES AFTER THE COMPANIES RESTRUCTURING
Federal Agency for Privatization has foreseen to announce public
invitation for the sales of techno-economic parts of the Companies:
• IP “Krivaja” d.o.o. Zavidovići,
• “KTK” d.d. Visoko,
•“Hepok” d.d. Mostar
•‘’Željezara Zenica“ d.o.o.
www.fipa.gov.ba
Privatization results for the period 1999- June 2007 in
Federation B&H
Total
number of
companies
Federation
of BiH
1 450
Privatized
companies
Not privatized
companies
Result of
privatization
number
%
Capital
Billion
%
28.62
2.82
39.78
number
%
1 035
71.38 415
www.fipa.gov.ba
Privatization results for the period 1999- June 2007 in
Republika Srpska
Total
number of
companies
Republic
of Srpska
1 135
Privatized
companies
Not privatized
companies
Result of
privatization
number
%
Capital
Billion
%
39.30
3.17
76.30
number
%
689
60.70 446
www.fipa.gov.ba
Privatization results in B&H for the period 1999- May
2007
Total number
of companies
Privatized
companies
number
Not privatized
companies
%
Result of
privatization
numb
er
%
Capit
al
Billio
n
%
Federation of
BiH
1 450
1 035
71.38
415
28.62
2.82
39.78
Republic of
Srpska
1 135
689
60.70
446
39.30
3.17
76.30
TOTAL
2 585
1 724
66.70
861
33.30
5,99
• For more information on present and future
privatization you can visit:
• www.apf.com.ba for Federation of B&H and
• www.rsprivatizacija.com for Republika
Srpska
www.fipa.gov.ba
Branilaca Sarajeva 21
Phone: ++387 33 278 080
Fax: ++387 33 278 081
E-mail: [email protected]